Taxdoo raises 57 million euros

Sophie Deistler Sophie Deistler | 17.12.2021

Taxdoo wants to support online traders with its platform. With the capital, the start-up wants to grow further.

The Hamburg-based start-up Taxdoo has raised 57 million euros. Tiger Global led the financing round, additional funding came from existing investors Accel, Visionaries Club and 20VC. This brought the total funding to 74 million euros. Last year, the startup already received 17 million euros(we reported).

"Our Series B financing enables us to move forward with our plans even faster and, in the next step, to expand our platform to additional customer groups and regions," says Taxdoo CEO and co-founder Christian Königsheim. With the fresh capital, the company aims to expand in Europe and double its headcount by the end of 2022.

Matthias Allmendinger, Roger Gothmann and Christian Königsheim founded Taxdoo in Hamburg in 2016. The start-up offers a tax and financial compliance platform for online retailers. Its customers include start-ups such as Ankerkraut and Social Chain and large companies such as Beiersdorf. Taxdoo has been growing strongly since last year, with the number of employees increasing from 45 to more than 170, according to the company's own figures.


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